Coforge gains on enhancing collaboration with Microsoft
Coforge is currently trading at Rs. 8043.50, up by 22.60 points or 0.28% from its previous closing of Rs. 8020.90 on the BSE.
The scrip opened at Rs. 7949.95 and has touched a high and low of Rs. 8073.00 and Rs. 7949.95 respectively. So far 3456 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 10017.95 on 30-Dec-2024 and a 52 week low of Rs. 4291.05 on 09-May-2024.
Last one week high and low of the scrip stood at Rs. 8127.00 and Rs. 7364.15 respectively. The current market cap of the company is Rs. 53680.31 crore.
The Institutions and Non-Institutions holding in the company stood at 90.41% and 9.59% respectively.
Coforge has enhanced its collaboration with Microsoft to bring AI- integrated developer productivity solutions to its engineering services including legacy application modernization and for new code development for clients. As part of the association, Coforge has trained over 10,000+ developers on GitHub Copilot, built AI tools leveraging GitHub Copilot to forward engineer legacy applications to modern technology codes and engaged with clients in the use of GitHub Copilot in different development ecosystems across industries.
Coforge has also achieved Accelerate Developer Productivity with Microsoft Azure specialization, formerly known as DevOps with GitHub Advanced Specialization that focuses on enhancing developer productivity through Microsoft's AI-integrated toolchain. The specialization is designed to help Microsoft partners demonstrate their expertise in enhancing developer productivity using Microsoft and AI- integrated GitHub tools. As a program partner, Coforge has adopted robust processes to ensure customer success across all phases of developer productivity with Microsoft Azure, from the assessment phase to design, pilot, implementation, and post-implementation phases.
Coforge (Formerly known as NIIT Technologies) is a leading global IT solutions organization, enabling its clients to transform at intersect of unparalleled domain expertise and emerging technologies to achieve real-world business impact.
